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Labor/Employment

Oct. 20, 2016

DreamWorks agrees to pay $50M to settle no-poach lawsuit

DreamWorks Animation SKG Inc. has agreed to pay $50 million to settle allegations of an illegal "no poach" agreement it had made with several other studios about not hiring each others' visual effects employees.

By Saul Sugarman
Daily Journal Staff Writer

SAN FRANCISCO ? DreamWorks Animation SKG Inc. has agreed to pay $50 million to settle allegations of an illegal "no poach" agreement it had made with several other studios about not hiring each others' visual effects employees.

Set for a preliminary approval hearing in January, the proposed cash settlement represents about 40 percent of estimated damages that a class of roughly 10,000 animator...

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